Kairon Capital, a New Delhi venture firm, raised Rs 90 crore for its first fund, targeting early-stage Indian consumer startups.

Kairon Capital, a New Delhi-based venture firm founded by former Amazon India executive Deepankur Malhotra, has closed its debut fund at Rs 90 crore, achieving over 45% of its Rs 200 crore target, with a Rs 50 crore greenshoe option. The fund, focused on early-stage consumer startups with product-market fit, plans to invest Rs 2–14 crore in 14–15 companies across seed to early Series A rounds. Its limited partners include founders of D2C brands like Livspace, Innovist, and XYXX, along with corporate investors such as Emami. The firm emphasizes hands-on support and early-stage identification of promising ventures, with first investments expected soon.